6 Real Estate Brokers Recommend Pre-Listing Appraisals
Pre-Listing Appraisals For Sellers More Important Than Ever! – Collier Swecker Birmingham AL
Collier Swecker video blogs about how appraisers are fast becoming the most pivotal player in real estate transactions in this late Summer 2011, Birmingham Real Estate Market. Our team is finding that nearly 2 out of every 10 transactions that we are involved with are having Appraisal issues where the Seller has no choice but to lower the contract price or lose the deal all together. You would think that our marketing generating a high offer would be great, but it is not good if the home cannot close and a Seller cannot get paid! We are strongly encouraging that our Seller clients get Pre-Listing Appraisals. Having a Pre-Listing Appraisal will give the Seller and the Realtor insight as to how the property will fare when the contract appraisal is performed and can be used as a valuable sales tool to show potential Buyers that they will have instant equity in the property and that the Seller has done their homework in pricing the home. We actually attribute one of our June 2011 sales directly to the use of the Pre-Listing Appraisal to encourage a Buyer to accept the offer from my Seller.
Pre Listing Appraisals – Lisa Treu Keller Williams Florida
Have you heard the latest Palm Beach County real estate news? Many cities in Palm Beach County are seeing signs of a seller’s market. There is a new challenge, getting the property to appraise. One way to prepare is for sellers to get an appraisal done on their home prior to listing the property. We outline some tips on how to prepare for that appraisal and we explain why it’s a good idea to get it done in advance, all in this week’s video blog.
The Wisdom Of Pre-Listing Inspections & Appraisals – Jeff Geoghan
NOTE: Bill Cobb’s Pre-Listing Appraisals Don’t Cost Near What Jeff Quotes Below!
Jeff Geoghan “Pre-Listing” home inspections and appraisals have risen in popularity in the last few years, with increasingly detailed negotiations and conservative appraisals happening our there in many areas. Since the buyer almost always elects to go with a home inspection and since the buyer’s bank will require an appraisal, the logic says “why not do them up front and remove those issues?”.
As far as pre-listing home inspections, I can’t say I feel very strongly about them, only because I’ve been faced with them before as a buyer’s agent only to have the buyer elect to do their own anyway – there’s even a sense in the room that the pre-listing inspection favors the seller somehow. In actuality, the seller in some cases may find themselves dealing with issues that otherwise wouldn’t have come up with a certain buyer, costing more money where it may not have been needed. And of course, any inspection results (whole home, termite, radon etc) that become known to the listing agent must be disclosed to potential buyers – our hands are pretty much tied there. So, there’s not a whole lot of upside and even some downsides to doing a pre-listing inspection. I have considered doing a stripped-down version (main systems, roof, structure) for my sales team with a local inspector but have not decided one way or the other yet.
As far as pre-listing appraisals, I think that it very well may be a good idea especially if the property is unique, has few comparable sales, is rural etc. As long as the appraisal is fresh – that’s the catch. The seller can pay up to $500 for a pre-listing appraisal and subsequently have it become out of date (6 months typically) or a close comparable may come on the market the day after the appraisal is complete that blows the conclusions… Still, a seller should seriously consider a pre-listing appraisal in certain situations.
Home Seller Mistake #1 ~ Seller Never Ordered or Approved a Pre-Listing Appraisal – Aaron Rice
Dan Hopper- Denver Real Estate Advocate – Appraisal Prior To Listing Home
Do you have a unique or unusual custom home, and finding good SOLD comps are being difficult? Hire an licensed appraiser to perform an “unbiased opinion” of the value. By doing so, we can have a good starting point when marketing your home! Be prepared prior to listing the home to sell! Let’s save some of your equity and money with these pre-listing activities, property inspection and appraisal!
The Importance of a pre listing Appraisal with Sharon Hodnett
KLIF Real Estate Talk Radio. Host Willie Lambright with co host Sharon Hodnett, REALTOR.
Collier Swecker on Pre-Listing Appraisals in Birmingham AL
Collier Swecker video blogs about the importance of getting a pre-listing appraisal prior to putting your home on the market in Birmingham Alabama. If you want to give your opinion on pre-listing appraisals